Tuesday, September 26, 2017

Key Details On How To Donate A Vehicle Green Bay That Residents Need To Know

If you want to donate a vehicle Green Bay charities and their service users will be incredibly grateful for your kindness. This is particularly true if you donate to a charity like Rawhide, with website at www.rawhide.org. This charitable organization works with at-risk young people, nurturing and helping them to become productive and contributing adults. Because 501(c)3 registered charities do not receive any governmental support, but the government does recognize the importance of their services, any donations you make to them entitles you to a tax deduction. This deduction is usually the value of the vehicle that you donate. However, this may leave you with some important questions that will hopefully be addressed below.

What Is the Cutoff Date for Your Donate a Vehicle Green Bay Tax Deduction in 2017?

The cutoff date for any charitable donation you make that you want to deduct from your taxes is December 31 of the given year. However, that doesn't mean that your vehicle should have been picked up and sold on or before that date. Rather, you have to be able to demonstrate that you have made arrangements for the donation. Also, if you have already reached the limit of charitable deductions, you may want to carry it over to next year.


Is Acceptance Guaranteed When I Contact Them About My Donation?

In the vast majority of cases, charities will accept any vehicle, regardless of its condition. However, there are situations in which the donation will be declined. For instance, if the vehicle is stolen or there are still existing liens on it, you won't be able to make a donation. There are some mechanical reasons as to why the vehicle may not be accepted as well. Make sure, therefore, that you are fully honest about the car before you donated it.

Can Any Type of Vehicle Be Donated?

This depends on the charity that you choose to work with. Nevertheless, majority of the charities will accept anything, from boats to planes. The caveat may be your location. If you are too far away from the charity, or if you live very remotely, they may not be able to pick it up. In that case, you might be able to drop it off yourself.

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